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A cheaper euro will affect inflation in coming months

TALLINN - Data from Statistics Estonia show that consumer prices were 0.5% higher in April than in March, but the cost of the consumer basket wa...

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Slower wage growth in Estonia helps preserve jobs

TALLINN - Data from Statistics Estonia show that annual growth in average gross monthly wages slowed in the first quarter of 2015 to 4.5%, and g...

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The drop in exports to Russia is compensated by other countries

RIGA - According to the Latvian Central Statistical Bureau (CSB) data, the external trade turnover of Latvian goods grew by 13.3% month-on-month...

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Russia To Ban Fish Imports From Latvia, Estonia

RIGA - Russia is to ban fish imports from the Baltic states of Latvia and Estonia, its food safety watchdog said Friday, citing violations.

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Estonia’s Shadow Economy Costs The State Millions

TALLINN - Despite recent government measures, Estonia is still haunted by its shadow economy. A newly released report by the Esto...

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As Liepaja’s Metal Works Falter, KVV Group Holds Latvian Government to Ransom

LIEPAJA - The fairy tale is over. On the afternoon of March 6, politicians and journalists gathered in the seaport tow...

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Food Union preparing to merge with Rigas piensaimnieks

RIGA - Meridian Capital, the financial partner of the Latvian dairy and milk processing company Food Union, will acquire one of the largest dair...

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Latvijas Gaze CEO steps down as profits slump

RIGA - Aidrians Davis has resigned from Latvia’s publicly owned gas supply company Latvijas Gaze, after profits fell by 71 per cent in the...

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EU Ministers debate the future of organic agriculture

An informal meeting of the Council of Ministers for Agriculture was held on 1-2 June in Riga, where the Latvian side, representing the presidenc...

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Latvian gross monthly salary increased in first quarter of 2015

The Latvian Central Statistics Bureau has revealed data showing that during the first quarter of 2015, the average gross monthly salary is 785 e...

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